TSX and OTC: MPVD Mountain Province Diamonds Inc. announces today that it is extending the maturity date on its term loan and the principal repayment date under the working capital facility to June 30, 2026; and selling its right, title and interest to US$999,999 of receivables from the sale of its share of diamonds from the Gahcho Kué diamond mine in the Northwest Territories for a purchase price of US$833,000. Fourth [...]
TSX and OTC: MPVD Mountain Province Diamonds Inc. today announces production and sales results for the first quarter ended March 31, 2026 from the Gahcho Kué Diamond Mine . All figures are expressed in Canadian dollars unless otherwise noted. Q1 2026 Production Takeaways 2,006,135 carats recovered, a 163% increase compared to Q1 2025 2.64 average grade of carats per tonne, a 222% increase compared to Q1 2025 741,480 ore [...]
Mountain Province Diamonds announces its financial and operating results for the fourth quarter and the full year ended Dec 31, 2025. FY 2025 Highlights 4% improvement in key site safety KPI in 2025 vs 2024. Adjusted EBITDA1 of $4.8 million, down 95% relative to 2024. Total sales revenue at $155.7 million compared to $267.7 million in 2024 2024: $98 per carat. 16% increase in total tonnes mined in 2025 relative to 2024 [...]
Mountain Province Diamonds announces revised details for its fourth quarter and full-year 2025 earnings release and conference call. The delay in the issuance of fourth quarter and year-end 2025 results is due to the financial audit process not being completed by the planned date. Revised Earnings Release and Conference Call Details Prior to the conference call, the Company will release Q4 and full-year 2025 financial [...]
Mountain Province Diamonds announces today that the Company has entered into a third amending agreement with Dunebridge Worldwide, as administrative agent, security trustee and lender thereunder, a related party of the Company, extending the maturity date on the US$40 million term loan facility and the US$33 million working capital facility each under the amended and restated bridge credit facility agreement dated May 13 [...]
Mountain Province Diamonds wishes to provide guidance for 2026, as well as production and sales results details for the fourth quarter ended Dec 31, 2025, and full-year 2025 from the Gahcho Kué Diamond Mine and details of the earnings release and conference call. 2026 Guidance The Company wishes to provide operating and cost guidance for 2026, as follows: 23-26 million total tonnes mined 3.9 - 4.3 million ore tonnes mined [...]
Mountain Province Diamonds provides a corporate update on its senior management and recent financial and operational matters primarily regarding its joint venture with De Beers Canada Inc. pursuant to which the Company holds a 49% interest and De Beers holds a 51% interest in the Gahcho Kué Mine. Appointment of Jonathan Comerford Following the departure of Mark Wall, the Board of Directors has decided, as part of ongoing [...]
Mountain Province Diamonds announces today that the Company has entered into an amending agreement with Dunebridge Worldwide Ltd. as administrative agent, security trustee and lender, a related party of the Company amending certain terms of its working capital facility in the amount of CAD33,000,000. Pursuant to the Amending Agreement the period during which the Company may make advances against the WCF is extended from [...]
Mountain Province Diamonds announces that the President & CEO Mark Wall, has resigned from the Company to pursue other opportunities. Mark will remain with the Company until Dec 19, 2025, to ensure a smooth transition. As reported in the Company news release of Nov 6, 2025 regarding the Company's Q3 results, mining through the transitional phase of the high grade 5034-NEX orebody has commenced and this material is being [...]
Mountain Province Diamonds announces financial results for the third quarter ended September 30, 2025 from the Gahcho Kué Diamond Mine. Q3 2025 Key Takeaways 409,081 carats were sold for total proceeds of $29.2 million at an average price of $71 per carat. Adjusted EBITDA1 of million. Loss from mine operations of $29.0 million. Net loss of $55.9 million or $0.26 basic and diluted loss per share. 1Cash costs of production [...]
Mountain Province Diamonds announces production and sales results for the third quarter ended September 30, 2025 from the Gahcho Kué Diamond Mine. Q3 2025 Production Takeaways 1,000,887 carats recovered, 16% lower than Q3 2024: 1,187,912 carats. 1.18 Average grade of carats per tonne, a 12% decrease compared to Q3 2024: 1.24 carats per tonne. 807,458 ore tonnes mined; a 13% reduction compared to Q3 2024: 923,814 ore [...]
Mountain Province Diamonds announces financial results for the second quarter ended June 30, 2025 from the Gahcho Kué Diamond Mine. Q2 2025 Key Takeaways 411,114 carats were sold for total proceeds of $36.8 million at an average price of $90 per carat. Adjusted EBITDA1 of million. Loss from mine operations of $52.6 million. Net loss of $37.7 million or $0.18 basic and diluted loss per share. 1Cash costs of production [...]